Question: Which of the following is true about range estimating?Utilizes performance improvement patterns to estimate repetitive workUses ratios to estimate costs feg. 5. HootUsed when there

Which of the following is true about range estimating?Utilizes performance improvement patterns to estimate repetitive workUses ratios to estimate costs feg. 5. HootUsed when there is gignihicant uncertainty associated with the time or costUtilipes pooled experience of senior manapers to estimute durstionleces:Alocates a portion of the budget to major elements of work based on historical performance

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